| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.2B | $2.9B | -4.0% | 8.3% |
| Op. Income | $77M | -$10M | $65M | 891.8% | 19.0% |
| Gross Margin | 29.6% | 28.5% | 29.7% | 1.1pp | -0.0pp |
| Net Margin | 2.0% | 0.7% | 2.3% | 1.3pp | -0.3pp |
| EPS (Diluted) | $0.15 | $0.05 | $0.15 | 179.3% | 0.0% |
| Free Cash Flow | $49M | $157M | $53M | -68.9% | -7.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $924M |
| R&D Expenses | $10M |
| Selling & Marketing | $194M |
| General & Administrative | $653M |
| SG&A Expenses | $847M |
| Other Expenses | -$10M |
| Operating Expenses | $847M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $77M |
| Interest Income | $5M |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $30M |
| EBIT | $79M |
| EBITDA | $109M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $924M |
| R&D Expenses | $10M |
| Selling & Marketing | $194M |
| General & Administrative | $653M |
| SG&A Expenses | $847M |
| Other Expenses | -$10M |
| Operating Expenses | $847M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $77M |
| Interest Income | $5M |
| Interest Expense | $1M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $30M |
| EBIT | $79M |
| EBITDA | $109M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $75M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$96M |
| OPERATING CASH FLOW | $86M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $616M |
| Short-Term Investments | $0 |
| Net Receivables | $200M |
| Inventory | $807M |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.0B |
| Goodwill | $39M |
| Intangible Assets | $0 |
| Long-Term Investments | $22M |
| Tax Assets | $258M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $545M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $500.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $376M |
| Minority Interest | $0 |
| TOTAL EQUITY | $376M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $500M |
| Net Debt | -$116M |
